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djyliett [7]
3 years ago
6

As part of the American Recovery and Reinvestment Act, $7 million was earmarked to build a bridge over a railroad crossing so th

at 168 Nebraska town residents wouldn't have to wait for the trains to pass. Which of the following best explains why this proposal was passed?
A) The benefits were highly diffused while the costs were very concentrated.
B) The costs were highly diffused while the benefits were very concentrated.
C) The costs were external while the benefits were internal.
D) The total benefit to the bridge was greater than the total cost
Business
1 answer:
krek1111 [17]3 years ago
5 0

Answer: B) The costs were highly diffused while the benefits were very concentrated

Explanation: The American Recovery and Reinvestment act was enacted by congress and passed into law in 2009. The act which was aimed at alleviating the burden and promoting economic growth after the 2008 recession. It was meant to serve as a palliative or stimulus to aid economic recovery. The $7 million proposal earmarked to erect a bridge over the railway crossing was passed into law due to the fact that the benefits, relief and succor which the bridge provides to the over 168 Nebraskans coupled with the subsidized or diffused cost of putting the bridge in place were decisive factors towards acceptance of the proposal.

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A product's demand per period is normally distributed with a mean of 100 and standard deviation of 10. The in-stock probability
BigorU [14]

Answer:

A) It will increase.

Explanation:

As we know that the safety stock is directly proportional to the lead time that means if the safety stock rises than the lead time is also increased and if the safety stock decreased than the lead time is also decreased.

So, in the case when the lead time rises so expected on hand would also increased

hence, the correct option is A

And, the rest of the options are incorrect

6 0
3 years ago
A manufacturing company leases a building for $100,000 per year for its production facilities. In addition the machinery used in
aksik [14]

Answer:

(E) $30,000

Explanation:

For computing the annual profit, the following formula is used.

Annual Profit = Total revenues - total cost

where,

Total revenue = Number of units × selling price per unit

                        = 10,000 units × $40

                        = $40,000

And, the total cost = lease cost + installment amount + variable cost

                              = $100,000 + $20,000 + ($10,000 units × $15 + $10,000 units × $10)

                              = $120,000 + $250,000

                              = $370,000

Now put these values to the above formula

So, the answer would be equal to

= $400,000 - $370,000

= $30,000

8 0
3 years ago
Paul carter is applying for a loan from a bank. the bank is concerned because paul is an airline pilot for united airlines. the
BigorU [14]

Based on the scenario, the 5Cs of credit that the bank is concerned with is the conditions. Conditions in the 5Cs of credit is being defined as the state that comprises the overall economic environment in which is composed of the purpose of the loan and as well as the interest rates.

4 0
3 years ago
Which ratio is helpful in understanding whether the relationship between cash and marketable securities is reasonable in relatio
slamgirl [31]

Answer:

The ratio that is helpful in understanding whether the relationship between cash and marketable securities is reasonable in relation to current assets or total assets is;

Current assets/Total assets

Explanation:

Current assets represent a portion of the total assets that can be converted into cash or marketable securities quickly. A higher Current assets to total assets helps one to know the amount of the total assets that can be liquidated fairly quickly. The current assets should be able to be converted into cash or cash equivalents within a year to be deemed as a current asset. Examples of current assets are; cash, cash equivalents, stock inventories, market securities, accounts receivable, inventories and other liquid assets.

Current assets are the exact opposite of long-term assets, since the latter represents the portion of total assets that can not be easily converted in cash and cash equivalents within a year. They usually take a much longer time to convert into cash. They are; equipment, land and buildings.

The total assets include all the assets mentioned above. The summation of currents assets and long-term assets form the total assets.

5 0
3 years ago
ctivity-Based Costing Casual Cuts Inc. has total estimated factory overhead for the year of $225,000, divided into four activiti
VMariaS [17]

Answer:The activity rate for each activity of Company CC is:

Activity rate for cutting is $60 per dlh.

Activity rate for sewing is $15 per dlh.

Activity rate setup is $80 per setup.

Activity rate for inspection is $65 per inspection.

Explanation: Activity based costing trace overhead cost to each activity and absorbed at a rate for each activity rather than a rate per direct labour hour

Calculate activity rate for cutting

Cutting = cost of cutting/ Number of labour hours

$90,000/1500 = $60 per direct labour hour

Calculate the cost of sewing

Sewing= cost of sewing/ Number of labour hours

$22,500/1500 = $15 per direct labour hour

Calculate the cost of set up

Setup = cost of set up/ number of set ups

$80,000/ 1000 = $80 per set up

Calculate the cost of inspection

Inspection = cost of inspection/ number of inspection

$32,500/ 500 = $65 per inspection

5 0
3 years ago
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